ROSETTENVILLE HIGH POTENTIAL FOR GREAT RETURNS

Ref# 1773
Start Date: Tuesday, 3 June 2025 at 11:00
Closing From: Tuesday, 3 June 2025 at 11:00
Auction Type: Onsite
Location: Rosettenville, Gauteng

About:
ADDRESS: 59 Petunia street. ERF NO: 291 ERF SIZE : 495 square metres, TOWNSHIP: Rosettenville. ZONING: Residential 4. CURRENT USE: Residential. AUTHORITY: City of Johannesburg local municipality. We are pleased to present an investment property currently being let to multiple tenants. This versatile property features a main house with 4 bedrooms 2 outside bedrooms and a charming 2-bedroom cottage, making it an excellent opportunity for investors. **Rental Breakdown:** - Room 1 (Inside House): R 2,300.00 - Room 2 (Inside House): R 1,800.00 - Room 3 (Inside House): R 1,800.00 - Room 4 (Inside House): R 1,400.00 - Outside Room 1: R 1,600.00 - Outside Room 2: R 2,000.00 - Cottage: R 4,000.00 **Total Rental Income When Fully Let:** R 14900 All rooms are equipped with prepaid electricity meters, providing tenants with greater control over their utility expenses. This property is an ideal investment for those looking to generate a steady income stream from rental properties.

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Contact Person:
Thato 072 126 7918

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